Don't simply pay, read credit card statements

Published: Mon 8 Jan 2018, 8:00 PM

Last updated: Mon 8 Jan 2018, 10:31 PM

I have been using a credit card since 2015. In December, I noticed additional charges for some kind of insurance that I hadn't signed up for. In fact the bank had been charging me for a few months but I noticed it only in December. I issued a complaint and asked for reversal of charges but I was told that the company will refund only for the last two months and not for the entire sum that I had accidentally paid. I highlighting this issue to warn readers. Everyone should verify credit card statements every month, and not simply pay the bill. If possible, I think, we should just stay away from this kind of plastic money.
- Santosh Neelam, by e-mail

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